It’s an outlier in that there isn’t a free federal option available however, we found the simple, flat fee appealing. ![]() While it might not have the brand-name recognition of some of its competitors, ’s corporate parent is Drake Software, a well-known provider of professional tax software for preparers that has decades of experience in the field. It doesn’t offer as much support as some of its competitors, but its interface is straightforward and user-friendly-and its pricing structure is also simple and easy to understand. Why we picked it : We think would best suit people with simple tax returns who are confident in their ability to navigate the filing process. (Intuit denied the claims and called the agency’s accusations “disappointing.”) And in May, the company agreed to pay a $141 million settlement without admitting wrongdoing in a case brought by state attorneys generals charging the company with deceiving low-income customers who would have qualified for free tax filing into paying for tax-prep services. In March, the Federal Trade Commission sued TurboTax parent Intuit, accusing the company of deceptive marketing that promoted free filing, only to shunt filers to paid services after they believed they would age able to file for free. If you’re self-employed, it will run you $359 for a federal return and $49 per state return.Ĭaveats: TurboTax has come under regulatory scrutiny in the past for its marketing practices. If you want to have the tax chore taken off your hands entirely, having your returns prepared by a pro starts at $169 for a federal return and $39 per state return. If you need professional guidance but plan to prepare your return yourself, the Live Assisted Deluxe and Premier tiers cost $89 and $139, respectively, to file your federal return. Pricing reflects current promotions as of 1/6/23 TurboTax Prices Intuit's Turbotax has an offering for almost every kind of tax payer If you’re not eligible for the free basic option and want to prepare your return yourself, TurboTax Deluxe and Premier tiers cost $39 and $69, respectively, for federal returns. TurboTax’s free federal filing eligibility covers W-2 income, EITC and child tax credits, student loan interest deduction, as well as limited 1099 dividend/interest and rental income situations. Until March 31, 2023, TurboTax has free, live assistance from tax experts available via video or chat for simple returns through its TurboTax Live Assisted offering. We were impressed with the breadth of TurboTax’s offerings for DIYers, filers who need a little bit of help and people who want a tax pro to take over the heavy lifting for them. Why we picked it : Intuit’s TurboTax has plenty of name recognition.
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